T-Mobile secures approval to buy US carrier

T-Mobile has received approval for its $2.4 billion purchase of SunCom Wireless, a regional carrier that primarily serves the southeastern US, an Associated Press report said.

The company is a wholly owned subsidiary of German telecommunications giant Deutsche Telekom, the report said.

SunCom, based in Berwyn, Pa., serves 1.1 million customers in North Carolina, South Carolina, Tennessee, Georgia, Virginia, Puerto Rico and the US Virgin Islands.

The companies announced the buyout in September, the Associated Press report said.

In its decision, the Federal Communications Commission said the transaction would serve the public interest by promoting competition and enable T-Mobile to 'expand its wireless footprint' in the Southeast and the Caribbean.

The companies said they expect the deal to close by the end of the month, the report said.